Arbeitspapier

Minimum wages, labor market institutions, and female employment: A cross-country analysis

The authors investigate the employment consequences of minimum wage regulation in 16 OECD countries, 1970-2008. Their treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study. Apart from the longer time interval examined, a major departure is the authors' focus on prime-age females, a group often neglected in the minimum wage literature. Another is their deployment of time-varying policy and institutional regressors. The average effects they report are consistent with minimum wages causing material employment losses among the target group. Their secondary finding is that minimum wage increases are more associated with (reduced) participation rates than with elevated joblessness. Further, although the authors find common ground with Neumark and Wascher as regards the role of some individual labor market institutions and policies, they do not observe the same patterns in the institutional data. Specifically, prime-age females do not exhibit stronger employment losses in countries with the least regulated markets.

Language
Englisch

Bibliographic citation
Series: Reihe Ökonomie / Economics Series ; No. 278

Classification
Wirtschaft
Demand and Supply of Labor: General
Wages, Compensation, and Labor Costs: Public Policy
Particular Labor Markets: Public Policy
Labor-Management Relations, Trade Unions, and Collective Bargaining: Public Policy
Labor Standards: Public Policy
Subject
minimum wages
minimum wage institutions
prime-age females
disemployment
participation
unemployment
employment protection
labor standards
labor market policies
unions

Event
Geistige Schöpfung
(who)
Addison, John T.
Ozturk, Orgul Demet
Event
Veröffentlichung
(who)
Institute for Advanced Studies (IHS)
(where)
Vienna
(when)
2011

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Addison, John T.
  • Ozturk, Orgul Demet
  • Institute for Advanced Studies (IHS)

Time of origin

  • 2011

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